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themdtrader
20 Th04 2018 04:27

A - Is Agilent Topping Out or It's Just Me? Giá xuống

Agilent Technologies, Inc.NYSE

Mô tả

There was a predominant uptrend at least throughout 2017 (it made about 45% after first breaking out in Jan '17).
However, with the increased volatility in the general market and in this stock's price action specifically, the wedge pattern forming can be expected to progress for at least quick bearish pullback.
That is where I'm placing my bets. At least if the uptrend is to continue, I am bearish for now as the stock takes a breather after the 2017 run up.
Stop @ 70.56
Target @ 65.31

Đóng lệnh: đạt mục tiêu

Target reached but I took only 50% profit. Holding on for a possible trend lower.
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